DEFICIT
STAFF BLOG CAPITOL CHATTER Good financial news: State deficit shrinks
By Danielle Killey Minnesotas projected budget deficit for the next two years is lower than expected at $627 million, the Minnesota Management and Budget reported this morning. Legislators and Gov. ...
Posted on 2/28/13 at 10:29 AM
NEW PLATEAUS Hmm, Maybe Canada Really is on Top of the U.S.
When I was a boy, the Cannuck currency was 2/3 that of America's. I remembered the ratio by comparing it to the ratio of kilometers to miles. And though it was still cool to have Canadian coins (money...
Posted on 7/17/12 at 3:26 PM
GOP takes first crack at Minnesota deficit 
All DFL House reps opposed legislation
ST. PAUL – Minnesota House Republicans found no Democrats willing to join their first 2011 attempt at trimming the state budget.
By Don Davis, Forum News Service , January 28, 2011
First priority is to jump-start economy; then tackle deficit
As 2010 draws to a close, many families across America are reflecting on a tough year economically.
By Sen. Kent Conrad , December 22, 2010
Pawlenty: State can’t lose Vikings
Stadium deal will get done in time
Minnesota Gov. Tim Pawlenty predicts the Vikings will get a new football stadium – eventually.
By Patrick Springer , December 16, 2010
Dayton: Recount delay could slow budget work
Minnesota’s $6.2 billion deficit can’t be focused on until numbers officialST. PAUL – The leader of Minnesota’s governor race fears a delay in naming a winner past mid-December will hinder state budget preparation.
By Don Davis, Forum News Service , December 03, 2010
Minnesota budget forecast out today
Report to give better idea of whether state should resort to short-term borrowing
ST. PAUL – Minnesota’s budget has been running deficits for three solid years, with no end in sight.
By Martiga Lohn, Associated Press , December 02, 2010
Sen. Dorgan says nation needs to reduce deficit
WASHINGTON – Retiring U.S. Sen. Byron Dorgan predicts that Congress will wind up extending tax cuts for everyone instead of letting the cuts expire at the end of the year.
By Associated Press , November 28, 2010
Conrad: Deficit reality looms for nation
Says unpopular steps needed to face problem
Senate Budget Committee Chairman Kent Conrad warned Thursday the solutions necessary to fix the nation’s staggering fiscal problems are “not going to be popular.”
November 12, 2010
- North Dakota Sen. Ken Conrad says the government must face its fiscal challenges - and that could mean changes to entitlement programs and government revenue streams
- Conrad says "tough, controversial" but necessary decisions lie ahead for the president's bipartisan fiscal commission
- Copy of the bipartisan fiscal commission's initial proposals
- Talk about this topic
Minnesota prepared to borrow $600 million
ST. PAUL – Minnesota’s finance leaders are ready to take out a $600 million loan if they need to fill gaps left by a state budget deficit.
By Don Davis, Forum News Service , July 13, 2010
Minnesota Legislature: Deficit is only issue remaining
ST. PAUL – Minnesota legislators are trying to decide if they can live with a $3 billion budget-balancing solution based on spending cuts and delaying payments to schools.
By Don Davis, Forum News Service , May 12, 2010
- Senate GOP leader Dave Senjem of Rochester
- House Speaker Margaret Anderson Kelliher, DFL-Minneapolis, saying that the governor has no new ideas, but authorized minority Republicans to work with Democrats to come up with new cuts to help balance the budget.
- Senate Minority Leader Dave Senjem, R-Rochester, saying that if majority Democrats cannot lead, Republicans will do the job.
Minnesota faces financial crisis
Pawlenty may call special session
ST. PAUL – Minnesota faces a fiscal emergency, state policymakers said Friday, and Gov. Tim Pawlenty hinted he may call a special legislative session after the regular one ends in a little more than a week to finish budget work.
By Don Davis, Forum News Service , May 08, 2010
Court ruling puts Minnesota at risk of cash shortage
ST. PAUL (AP) — Minnesota risks running out of money if those affected by overturned budget cuts seek immediate back pay.
By Associated Press , May 06, 2010
Pawlenty won't revise budget after forecast
ST. PAUL (AP) - Gov. Tim Pawlenty has no plans to revise his budget after a new forecast lowered a projected Minnesota deficit to $994 million.
By Associated Press , March 02, 2010
Record spending, record deficit
WASHINGTON – Spelling out painful priorities, President Barack Obama urged Congress on Monday to quickly approve a huge new shot of spending for recession relief and job creation, part of a record $3.8 trillion budget that would boost the deficit beyond any in the nation’s history while only slowly beginning to put Americans back to work.
By Andrew Taylor, Associated Press Writer , February 02, 2010
Minnesotans take crack at fixing deficit
ST. PAUL – Minnesotans are looking everywhere from liquor sales on Sunday to racetrack gambling to bring more money into the state budget. Others want to save on items as big as entire government programs and as small as printing fewer legislative directories.
By By Martiga Lohn / Associated Press , May 29, 2009
Deep revenue differences delay spending bills
ST. PAUL – The Minnesota legislative session will end smoothly if the Democratic-controlled Legislature and Republican governor can agree on a way to raise $1 billion.
By Don Davis, Forum News Service , May 13, 2009
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